Net Contribution Value definition

Net Contribution Value means, with respect to the applicable Contributed Facilities, the Gross Contribution Value therefor, minus the entire outstanding principal balance of the applicable Permitted Debt as of the Closing Date
Net Contribution Value shall have the meaning given such term in Section 2.2(a).
Net Contribution Value means an amount equal to Ninety-Three Million, Six-Hundred-Three Thousand, One-Hundred Fourteen and No/100ths Dollars ($93,603,114.00), which amount reflects the Contribution Value as adjusted for the prorations and adjustments reflected on the Closing Statement.

Examples of Net Contribution Value in a sentence

  • Because numerical simulation can get detailed three dimensional temperature distributions of a helix SWS, this method is employed in this paper to accurately calculate the thermal characteristics of the helix SWS.The thermal stress characteristics of the novel helix SWS is simulated by software ANSYS.

  • Any Sale Payments (herein below defined) paid with respect to the Senior Preferred Stock pursuant to this Agreement (x) shall reduce the Net Contribution Value by the amount of such Sale Payment when such Sale Payment is made and (y) shall be credited to the next Redemption Payment required to be made by American Spectrum Realty.

  • Participation Payments (herein below defined) shall not reduce the Net Contribution Value or be credited to any Redemption Payment.

  • Upon redemption of any of the Senior Preferred Stock (A) the accrued but unpaid dividend with respect to such redeemed Senior Preferred Stock shall also be paid to the holder of the Senior Preferred Stock being so redeemed and (B) the Net Contribution Value shall be reduced for purposes of determining the dividend to be earned thereon.

  • The use case is broken into two distinct components, focusing on cloud deployments for:1.

  • The Net Contribution Value shall be payable as follows: (1) issuance of limited partnership units in the Buyer (the `Units") as described below; and (2) the balance, if any, at closing by wire transfer to an account or accounts designated by the Contributors to the extent one or more of them have not elected to receive Units.

  • The net contribution value (the "Net Contribution Value") for the Property shall be an amount equal to the Aggregate Contribution Value less the principal balance and accrued interest outstanding upon the existing financing with respect to the Property (the "Existing Financing") on the Closing Date.

  • The Net Contribution Value, subject to adjustment as set forth herein, shall be payable by issuance of Units to the Contributors, or to the partners of the Contributors in accordance with each partner's pro rata interest in Contributors as designated in writing by the Contributors (collectively, the "Designees" and individually, a Designee") having a value, determined as described in paragraph C below, equal to the Net Contribution Value.

  • Such prorations, if and to the extent known and agreed upon by American Spectrum as of the Closing Date, shall be paid by American Spectrum to Xxxxxx (if the prorations result in a net credit to Xxxxxx) by increasing the Net Contribution Value by the amount owed to Xxxxxx, or by Xxxxxx to American Spectrum Xxxxxx Properties (if the prorations result in a net credit to American Spectrum Xxxxxx Properties), by decreasing the Net Contribution Value by the amount owed to American Spectrum Xxxxxx Properties.

  • The Net Contribution Value shall be allocated among the Properties in accordance with SCHEDULES 1 AND 2.


More Definitions of Net Contribution Value

Net Contribution Value means the Contribution Value less the sum of the principal amount of the Existing Financing on the Closing plus or minus any adjustments to be debited or credited, as applicable, to American Spectrum pursuant to Section 6.6.
Net Contribution Value means with respect to the cumulative assets contributed by a Member to the Company, the Gross Asset Value of such assets reduced by the recourse and nonrecourse liabilities of such Member assumed by the Company. "Net Lease" means a lease under which the lessor will not, directly or indirectly, provide for, or be obligated to provide for (i) the servicing, repair or maintenance of the leased property during the lease term; (ii) the purchasing of parts and accessories for the leased property; (iii) the loan of replacement or substitute property while the leased property is being serviced; (iv) the purchasing of insurance for the lessee except where the lessee has failed in its contractual obligation to purchase or maintain the required insurance; and (v) the renewal of any license or registration for the leased property, unless such action by the lessor is clearly necessary to protect its interest as an owner or financier of the leased property, provided that, in the event of any changes in any applicable state or federal banking law after the Effective Date, the meaning of "Net Lease" shall be changed accordingly. "Nonrecourse Deductions" has the meaning set forth in Section 1.704-2(b)(1) of the Regulations. "Nonrecourse Liability" has the meaning set forth in Section 1.704-2(b)(3) of the Regulations. "Parent" means, in the case of PCI Air Co, PCI. "PCF" means Potomac Capital Investment Corporation, a Delaware corporation. "PCI Master Lease" has the meaning set forth in Section 5.2(d)(i). "PCI Note" has the meaning set forth in clause (i) of the definition of "Permitted Investment". "Percentage Interest" means, with respect to each Member, as of the date hereof, the Percentage Interest of such Member set forth in Section 2. 1 hereof In the event all or any portion of an Interest is Transferred in accordance with the terms of this Agreement other than pursuant to a pledge or hypothecation, the transferee shall succeed to a corresponding portion of the Percentage Interest of the transferor. "Permitted Investments" mean:
Net Contribution Value means with respect to the cumulative assets contributed by a Member to the Company, the aggregate Gross Asset Values of such assets reduced by the recourse and nonrecourse liabilities of such Member assumed by the Company. "net fair market value" shall have the meaning provided in Section 3.5. "Notice Member" shall have the meaning provided in Section 11.7(b). "Optional Liquidation Events" shall have the meaning provided in Section 11.7(a). "Optional Liquidation Notice" shall have the meaning provided in Section 11.7(b). "Original Contribution" means, with respect to any Member, any Contribution provided by such Member as of the Effective Date or the day thereafter. "Parent" shall mean for any Member, any company, joint venture, limited liability company, association or other entity which itself or as part of a "group" (within the meaning of Sections 13(d) and 14(d)(2) of the Exchange Act) legally or beneficially owns 50% or more of the outstanding voting securities or interests of such Member, the holders of which are generally entitled to vote for the election of the board of directors or other governing board of such Member. "Payment Date" shall have the meaning provided in Section 3.2(b). "PCI" means Potomac Capital Investment Corporation, a Delaware corporation. "PCI Contribution Agreement" means the Contribution Agreement of even date herewith and attached hereto as Exhibit G pursuant to which PCI made, and will make, certain contributions to the Company. "PCI Note" has the meaning provided in clause (i) of the definition of "Permitted Investment" "PCJL" shall have the meaning provided in Section 2.2. "PCJL Notes" means the First PCJL Note and the Second PCJL Note. "Permitted Investments" mean:
Net Contribution Value means with respect to the cumulative assets contributed by a Member to the Company, the aggregate Gross Asset Values of such assets reduced by the recourse and nonrecourse liabilities of such Member assumed by the Company. "net fair market value" shall have the meaning provided in Section 3.5. "Notice Member" shall have the meaning provided in Section 11.7(b). 10 _____________________________________________________________________________
Net Contribution Value means, with respect to the cumulative assets contributed by a Member to the Company, the Gross Asset Value of such assets reduced by the recourse and nonrecourse liabilities of such Member assumed by the Company. "Net Lease" means a lease under which the lessor will not, directly or indirectly, provide for or be obligated to provide for (i) the servicing, repair or maintenance of the leased property during the lease term; (ii) the purchasing of parts and accessories for the leased property; (iii) the loan of replacement or substitute property while the leased property is being serviced; (iv) the purchasing of insurance for the lessee except where the lessee has failed in its contractual obligation to purchase or maintain the required insurance; and (v) the renewal of any license or registration for the leased property, unless such action by the lessor is clearly necessary to protect its interest as an owner or financier of the leased property, provided that, in the event of any changes in any applicable state or federal banking law after the Effective Date, the meaning of "Net Lease" shall be changed accordingly. "Nonrecourse Deductions" has the meaning set forth in Section 1.704-2(b)(1) of the Regulations. "Nonrecourse Liability" has the meaning set forth in Section 1.704-2(b)(3) of the Regulations. "Parent" means (i) in the case of PCI Air Co, PCI, (ii) in the case of AMP Funding, PCI, and (iii) in the case of AM-BT Nevada, Inc., Bankers Trust New York Corporation. "PCI" means Potomac Capital Investment Corporation, a Delaware corporation. "PCI Air LLC" means PCI Air Management Partners, L.L.C., a Delaware limited liability company. "PCI Master Lease" has the meaning set forth in Section 5.2(f)(i). "PCI Note" has the meaning set forth in clause (i) of the definition of "Permitted Investment". "PCJL" means Potomac Capital Joint Leasing Corporation, a Delaware corporation. "PCJL Notes" has the meaning set forth in Section 2.2 hereof "Percentage Interest" means, with respect to each Member, as of the date hereof, the Percentage Interest of such Member set forth in Section 2.1 hereof. In the event all or any portion of an Interest is Transferred in accordance with the terms of this Agreement other than pursuant to a pledge or hypothecation, the transferee shall succeed to a corresponding portion of the Percentage Interest of the transferor. "Permitted Investments" mean:
Net Contribution Value of an Investment Property means an amount equal to the Gross Contribution Value (net of any debt assumed by the Operating Partnership) of the Investment Property.

Related to Net Contribution Value

  • Contribution Amount has the meaning given in subsection 444-90(1A) in Schedule 1 of the Australian Taxation Administration Act 1953 (Cth).

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Transaction Value means the actual contract value (the bid sum or price) in South African currency, inclusive of all applicable taxes in respect of the goods, services or construction works that are contracted for.

  • Contribution Rate means, in a reserve study as described in RCW 64.34.380, the amount contributed to the reserve account so that the association will have cash reserves to pay major maintenance, repair, or replacement costs without the need of a special assessment.

  • Liquidation Value The Company's "Liquidation Value" shall mean the Company's book value, as determined by the Company and approved by GGK. In no event, however, will the Company's Liquidation Value be less than the Trust Fund, inclusive of any net interest income thereon. Only holders of IPO Shares shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. With respect to the Business Combination Vote, the Company shall cause all of the Initial Stockholders to vote the shares of Common Stock owned by them immediately prior to this Offering in accordance with the vote of the holders of a majority of the IPO Shares present, in person or by proxy, at a meeting of the Company's stockholders called for such purpose. At the time the Company seeks approval of any potential Business Combination, the Company will offer each holder of Common Stock issued in this Offering ("IPO Shares") the right to convert their IPO Shares at a per share price ("Conversion Price") equal to the amount in the Trust Fund (inclusive of any interest income therein) calculated as of two business days prior to the consummation of the proposed Business Combination divided by the total number of IPO Shares. If holders of less than 20% in interest of the Company's IPO Shares elect to convert their IPO Shares, the Company may, but will not be required to, proceed with such Business Combination. If the Company elects to so proceed, it will convert shares, based upon the Conversion Price, from those holders of IPO Shares who affirmatively requested such conversion and who voted against the Business Combination. If holders of 20% or more in interest of the IPO Shares, who vote against approval of any potential Business Combination, elect to convert their IPO Shares, the Company will not proceed with such Business Combination and will not convert such shares.

  • Termination Value means, in respect of any one or more Hedging Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedging Agreements, (a) for any date on or after the date such Hedging Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Hedging Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedging Agreements (which may include a Lender or any Affiliate of a Lender).

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.

  • Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.

  • Agreed Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution as determined by the General Partner. The General Partner shall use such method as it determines to be appropriate to allocate the aggregate Agreed Value of Contributed Properties contributed to the Partnership in a single or integrated transaction among each separate property on a basis proportional to the fair market value of each Contributed Property.